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Addition of an Affiliated Com

21st Jul 2008 11:33

RNS Number : 5012Z
Hyundai Motor Company
21 July 2008
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange 

Disclosure Date July 21, 2008

Disclosure Title : Addition of an Affiliated Company

Affiliated Company

(1) Name of Company Hyundai Auto Czech s.r.o

(2) Representative : Young Keun Oh

(3Total Assets : KRW 46,173,600,000

(4Total Liabilities : -

(5) Total Shareholder's Equity : KRW 46,173,600,000

(6Paid-in capital : KRW 46,173,600,000

(7) Business Areas : Auto Sales

 

2. Name of Company Group : Hyundai Motor Group

 

3. Reason for Addition 

Addition through the establishment of an overseas subsidiary (Czech)by Hyundai Motor Company.

 

4. Number of Affiliated Companies after addition : 

178 companies

 

5. Date of Addition July 21, 2008

6. Date of Confirmation : July 21, 2008

 

7. Others : 

- The above mentioned amount in # 1 are based on the initial remittance and the exchange rates for July 21, 2008(KRW 1,603.25 / 1 EUR).

- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).

- The addition date in #5 above and the confirmation date in #6 above are the acceptance date of the notice document for an overseas direct investment.

 

- The above contents may be subject to change depending on the authorization process, laws and ordinances, etc. of the related countries(including both Czech and Korea). 

* Equal announcement obligation for affiliated company 

 1. Stock Market

Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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